Why establish a business in the Saudi Arabia?

Establishing a business in Saudi Arabia is a strategic decision for forward-thinking entrepreneurs and corporations, driven by the Kingdom’s transformative Vision 2030 which offers a wealth of unparalleled benefits. These include the opportunity to obtain a Saudi residency (Iqama) for investors and employees, set up an enterprise with a competitive and transparent tax regime (including 0% personal income tax and a 20% corporate income tax with numerous incentives), benefit from exemptions on customs duties for imports in specific economic zones and industries, have the chance to relocate with your family under the Premium Residency (Green Card) scheme or investor visas, gain access to a rapidly modernizing financial sector and a robust banking system, operate in a market with one of the world’s most advantageous investment climates driven by giga-projects, access to the largest consumer market in the Middle East, state-of-the-art world-class infrastructure, a large and youthful, skilled workforce, and a continuously evolving regulatory framework designed to attract foreign capital. Additionally, businesses can leverage the advantages provided by the Kingdom’s network of international double tax treaties.

Why establish a business in Saudi Arabia?

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  1. Obtain a Saudi Iqama (Residency ID) and authorized investor residence under clear and attractive schemes like the Premium Residency (Green Card) or investor visa programs.

  2. Set up an enterprise with a competitive and transparent tax regime, featuring 0% personal income tax and a corporate tax rate of 20% (with numerous exemptions and incentives available in special economic zones and for strategic projects).

  3. Gain access to the largest banking and financial sector in the GCC, characterized by a robust and modernizing system that supports international payments and offers business-friendly services.

  4. Have the chance to settle and provide a high-quality life for your family in a rapidly developing, modern, and secure environment, with access to world-class healthcare, education, and amenities.

  5. Access the world’s most ambitious economic engine: As the nucleus of Vision 2030, Saudi Arabia offers unprecedented advantages to businesses, providing a direct gateway to the largest consumer market in the Middle East.

  6. Benefit from a thriving real estate and development market: The dominance of giga-projects like NEOM, Diriyah Gate, and ROSHN highlights immense future growth, while significant government spending on infrastructure reflects strong and sustained demand across all sectors.

Why MICS Global for Saudi Arabia?

Our services for Saudi Arabia

We provide comprehensive end-to-end services to ensure your market entry into the Kingdom is seamless and successful. Our offerings include:

    • Company Registration & Licensing: Full handling of your Commercial Registration (CR) from the Ministry of Commerce and all necessary sector-specific licenses from relevant government authorities.
    • Saudi Bank Account Opening: Expert guidance and assistance in preparing the required documentation and facilitating introductions to leading Saudi banks to open your corporate account.
    • Business Setup & Structuring: Expert advisory on the optimal legal structure (LLC, Branch, Representative Office) for your activities within the framework of Saudi regulations and Vision 2030.
    • Government Liaison (PRO) Services: Dedicated PRO services to handle all your government transactions, renewals, and compliance matters efficiently with various ministries.
    • Tax & Zakat Registration and Advisory: Registration with the Zakat, Tax and Customs Authority (ZATCA) and ongoing advisory to ensure full compliance with Saudi tax laws (including Corporate Income Tax and VAT).
    • Real Estate Advisory: Support in navigating the Saudi real estate market, whether for leasing commercial space or understanding investment opportunities driven by giga-projects.
    • Recruitment & HR Solutions: Assistance with visa processing, Iqama (residency permit) issuance, and navigating Saudi labor laws to help you build your local team.

We are devoted to providing you with expert assistance throughout your entire journey, connecting you to the opportunities and culture of the Kingdom as you extend your business operations to Saudi Arabia.

Some of the services we provide in the UAE

Contact us today

Take the first step toward a transformative future. Contact us to discover more about establishing your business in Saudi Arabia and how MICS Global can guide you through every stage of the process under Vision 2030!